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    • CSB Bank Q1 Results: Net profit rises 16% to Rs 132 crore, asset quality healthy

      CSB Bank Q1 Results: The bank’s net NPA for the quarter stood at 0.32 percent, declining from 0.60 percent on a yearly basis

    • India will be the place to come to put money in: Fairfax founder Prem Watsa

      "We say, jokingly, that our strategic plan is to wait for that telephone to ring," says Prem Watsa in interview

    • SBI Funds Management gets RBI nod to hike stake in CSB Bank to 10%

      At present, SBI Funds Management holds 4.73 percent stake in the bank.

    • CSB Bank appoints Pralay Mondal as president 

      Mondal, who was with Axis Bank, is expected to take up his new assignment in September 2020.

    • Fairfax India-backed Catholic Syrian Bank to go public later this year

      The company has infused about $1.6 billion in Indian assets since August 2015.

    • RBI lets Watsa's Fairfax to buy 51% in Catholic Syrian Bank

      "The RBI has allowed Fairfax to take a 51 per cent stake in the Thrissur-headquartered Catholic Syrian Bank," a source told PTI.

    • Prem Watsa meets RBI guv to buy out Catholic Syrian Bank: Srcs

      Three people aware of this development told Mint that the Prem Watsa met RBI governor Urjit Patel and deputy governor SS Mundra and RS Gandhi on Friday.

    • ICICI Lombard in bancassurance tie-up with CSB

      Through the bancassurance tie-up, the company will able to offer general insurance solutions to the bank's customer base in Kerala, Tamil Nadu, Karnataka and Maharashtra. The 94-year-old Kerala-based bank has a strong presence in the southern and western parts of the country.

    • Coffee Day Enterprises gets Sebi nod for Rs 1,150 crore IPO

      Securities and Exchange Board of India (Sebi) issued its final observations on the draft offer documents on August 14, which is necessary for companies to launch any public offer.

    • Sebi clears Nuziveedu Seeds' IPO; total number reaches 24

      The Securities and Exchange Board of India (Sebi) issued its final observations on the draft offer document of the company on August 5, which is necessary for any company to launch a public offer.

    • Sebi clears IPOs of Numero Uno, Sadbhav Infra; overall 23

      With this, the number of firms receiving Sebi's green signal since the beginning of the year has reached 23. Apparel and lifestyle accessories firm Numero Uno filed its draft papers with the capital markets watchdog in April, while Sadbhav Infrastructure, a subsidiary of Sadbhav Engineering filed its initial papers in May.

    • Sebi clears Pennar Engineered's IPO plan

      The company, a subsidiary of Hyderabad-based Pennar Industries, in March had filed its draft red herring prospectus (DRHP) with Sebi through its lead merchant banker, Motilal Oswal Investment Advisors

    • FIPB to take up 47 foreign investment proposals tomorrow

      The investment applications also include a host of proposals related to pharmaceutical sector, said the agenda of the 221st meeting of the Foreign Investment Promotion Board (FIPB) that will take place on July 13.

    • FIPB to meet on July 13 to consider 41 proposals

      The proposal of microfinance group Bandhan Financial Services and Kerala-based Catholic Syrian Bank will also be considered in FIPB meeting.

    • Sebi clears Catholic Syrian Bank's Rs 400 crore IPO plan

      Catholic Syrian Bank has received capital market regulator Sebi's approval to raise up to Rs 400 crore through an initial public offering (IPO).

    • CCI rejects cartelisation charges against 12 banks

      A complaint filed by Muthoot Mercantile, a gold financing firm, had alleged that the 12 scheduled commercial banks had entered into an anti-competitive arrangement to determine the price and control the gold loan business.

    • Fitch withdraws select Indian banks' ratings

      Fitch Ratings has affirmed and simultaneously withdrawn the Individual and Support Ratings of select Indian banks.

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